WHEAT – Down 10 to 15 cents per bushel. Pressure from a higher dollar and profit-taking after the rally early in the week to a four-month high left the market technically overbought and due for a correction. * USDA to cut U.S. wheat stocks amid Australian rain. * Floods in Australia cut wheat crop. Estimated… read more
Tag Archives: traders market views
Swing Trading Strategies – Will the December 6th reversal date signal a new direction for Crude oil? [chart]
The previous two reversal dates (November 11 and November 23) have triggered major turns in the January Crude oil. After posting a low on the November 23rd reversal date, Crude rallied over $10.00 and traded beyond the prior swing high of $89.10 posted on the November 11th reversal date. It just so happens that the… read more
Reversal Dates for the week of November 15 – November 19
Monday – Soybeans Tuesday – Crude oil, Treasury bonds, Cotton Wednesday – Thursday – Friday – Cotton… read more
Swing Trading Strategy – How can “Market Timing Intelligence” make a difference? [charts]
On Wednesday, November 10, 2010, I posted two charts, one for the December Gold and one for the December Coffee. I discussed the “Action-Reaction” time and price projections for both markets and illustrated how the strategy timed the entry and exits signals for both markets. This is a follow up to that post with an… read more
Swing Trading Strategies – “Action-Reaction” Market Timing Intelligence at work in Coffee and Gold. [chart]
Swing Trading with Market Timing Intelligence Swing trading has emerged as the fastest growing trading strategy in the industry today. Long preferred by professional traders, swing trading is being discovered by a whole new generation of serious traders and investors. Everyone knows the old adage “follow the trend.” Traditional swing trading strategies were developed to… read more
Reversal date for the week November 8 – November 12.
Monday – Treasury bonds Tuesday – Soybeans, Dow Jones, Coffee Wednesday – Hogs, Corn, Wheat, Gold, Canadian dollar Thursday – Crude oil Friday – Heating oil… read more
Spread opportunity in Cotton! [chart]
The spread between December 2011 Cotton and March 2011 Cotton has widened to 35.00 plus…this spread usually trades between +5.00 / – 5.00. There could be a good spread trade opportunity to buy the December 2011 Cotton and sell the March 2011 Cotton as we look for the spread to begin to narrow. Call your… read more
Five reports to watch this week: 11/1/2010 – 11/5/2010
• Fed decision: In what will likely be an event covered in financial history books for decades to come, Fed Chief Ben Bernanke and his fellow committee members will announce the latest interest rate policy on Wednesday (2:15 p.m.). No one expects the rate to change from nearly zero, but nearly everyone expects a clear… read more
Swing Trading Strategies – Is the decline in Dollar index coming to an end? [chart]
The long-term decline in the Dollar index may be coming to an end or due or a corrective rebound. Over the past three weeks the Dollar index has formed a bullish TR pattern following the spike low on October 22. The spike low formed the (B) of an (A) -(B) bottom formation, followed by a… read more
Reversal Dates for the week of October 25 – October 29
Monday – S&P, Dollar index, Eurocurrency, British pound Tuesday – Wednesday- Thursday – Corn, Soy meal, Dow Jones, Coffee Friday – Soybeans, Bean oil, Crude oil, Treasury bonds, Dollar index… read more